Prevention of Tax Base Shifting to Low-tax Jurisdictions:OECD Experience and Priorities for Russia

Maxim A. Kotlyarov () and Inna N. Rycova ()
Additional contact information
Maxim A. Kotlyarov: Financial Research Institute, Moscow 127006, Russia
Inna N. Rycova: Financial Research Institute, Moscow 127006, Russia

Finansovyj žhurnal — Financial Journal, 2014, issue 4, 47-54

Abstract: OECD’s experience in combatting tax evasion through utilization of low-tax jurisdictions is examined in this article. Two periods are under consideration – creating of the mechanism of preventing harmful tax competition (1998-2011) and introducing Action Plan on Base Erosion and Profit Shifting (since 2013). This experience brings value to Russia, where campaign against use by taxpayers of low-tax jurisdictions is announced («deoffshorisation» of the Russian economy). The necessity of a deep methodological examination of amendments in Russian legislation concerning controlled foreign companies, transfer pricing, tax residency and beneficial ownership issues is emphasized in this article.

Keywords: tax heaven; offshore; low-tax jurisdiction; harmful tax competition; controlled foreign companies; tax residency; OECD Action Plan on Base Erosion and Profit Shifting; «deoffshorisation» (search for similar items in EconPapers)
Date: 2014
References: Add references at CitEc
Citations:

Downloads: (external link)
http://www.nifi.ru/images/FILES/Journal/Archive/2014/4/05.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fru:finjrn:140405:p:47-54

Access Statistics for this article

Finansovyj žhurnal — Financial Journal is currently edited by Vladimir S. Nazarov

More articles in Finansovyj žhurnal — Financial Journal from Financial Research Institute, Moscow 125375, Russia Contact information at EDIRC.
Bibliographic data for series maintained by Gennady Ageev ().